other material
confidence high
sentiment neutral
materiality 0.60
Kuber Resources majority shareholder transfers 83.9% stake; CEO retains control via BVI entity
Kuber Resources Corp
- Uonlive transferred 81,153,948 shares to Storming Dragon Ltd, a BVI entity controlled by CEO Raymond Fu.
- Another 30,129,000 shares were gifted to seven unaffiliated parties, none acquiring 5% or more.
- Following transfers, Mr. Fu (through Storming Dragon) retains 61.2% voting control; company says no change in control.
- Total shares transferred: 111,282,948, representing 83.9% of outstanding common stock.